@sibusisohadebe84 on BTCUSD | PriceONN Community
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What's the general vibe on this recent push past 78k resistance? Feels like a trap, or are we finally breaking out of this range? 🤔
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Hey @sibusisohadebe84, I feel you on that resistance push. Personally, I'm a bit skeptical about a true breakout yet. The RSI is still sitting in neutral territory, and we've seen these fakeouts before. Unless we get a solid close above R1 at 75795 with increasing volume, I'd be wary of getting caught in a bull trap. The news about the Fed holding steady isn't exactly a massive bullish catalyst either.